Sabre reports 5% growth in hotel bookings in Q1
📈 Sabre saw a 3% decline in Q1 air bookings for 2025, missing forecasts. Despite a broad market softness, the company remains upbeat, predicting low single-digit growth in Q2 and double-digit growth for the full year, thanks to new agency partnerships and content expansion. Other travel segments like lodging, ground, and sea bookings increased by 5%. Total distribution revenue fell 1%, IT solutions revenue decreased by 6%, but Hospitality Solutions revenue climbed 8%. Sabre is also selling its Hospitality Solutions to TPG for $1.1 billion to focus on core operations and decrease debt.
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